PSG end Di Maria transfer talks

2014-08-07 14:07
Angel Di Maria (File)

Paris - Paris Saint-Germain have pulled out of talks with Real Madrid over the transfer of Angel Di Maria because the Argentine midfielder is too expensive, club president Nasser al-Khelaifi said Thursday.

"We spoke with Real Madrid president Florentino Perez, but Di Maria was too expensive and we stopped talks," Khelaifi said during the unveiling of Brazil defender David Luiz.

PSG have to bow this season to Financial Fair Play restrictions imposed by European football's governing body, UEFA.

The Qatari-bankrolled capital club, along with Premier League champions Manchester City, were in May slapped with a fine of 60 million euros ($82 million, 49 million) for breaching FFP regulations, namely accruing losses in excess of the 45-million-euro limit over the course of the past two seasons.

The French champions, in addition, agreed not to increase the club's wage bill for the next two campaigns and to "significantly limit spending" in the transfer market while curbing losses to no more than 30 million euros next year.

With PSG having already forked out around 50 million euros to secure Luiz's services from Chelsea, Real's valuation of Di Maria at nearly 60 million forced them to back away from transfer talks.

Khelaifi added that he didn't think Luiz had been expensive.

"He's a great player. It's the price. There were lots of big clubs who wanted to buy him and I'm very glad he came here," he said.

Read more on:    real madrid  |  psg  |  international  |  angel di maria  |  soccer

What To Read Next


Read News24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.
Live Video Streaming
Video Highlights
Sport Talk

Live scoring

Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter


With the Absa Premiership in full swing, who will be crowned champions when all is said and done? Will Mamelodi Sundowns defend their title? Or can Kaizer Chiefs, Orlando Pirates or Bidvest Wits mount a serious challenge? Stay glued to Sport24 to find out!

Latest blogs

Who was the best summer signing in the EPL?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

There are new stories on the homepage. Click here to see them.